Transatlantic Trade and Investment Partnership

George Howarth Excerpts

Thursday 15th January 2015 Commons Chamber

[Geraint Davies]

I completely agree. We certainly do not want to open the backdoor to genetically modified foods or cloned meat or “McClonie” burgers or whatever they happen to be. We want to keep standards up. This is part of getting all the detail right and having a proper level of scrutiny. I am not complaining about TTIP itself. It could be a vehicle to deliver prosperity and regulate globalisation. Globalisation is occurring and it needs regulation. Who better to engage with that than the most developed and civilised part of the world, which is of course Europe?

[Mr George Howarth (Knowsley) (Lab)]

I want to return to the principle my hon. Friend enunciated a few moments ago. It is possible to be in favour of free trade, but not in favour of raising the potential for public services to be up for grabs for anyone who cares to bid for them. Does he agree that that is the essential principle?

[Geraint Davies]

That is very important indeed. I agree with my right hon. Friend. The thorn in the rose is the investor-state dispute settlement—the ISDS. As has been mentioned, this is an opportunity for deals to be struck behind closed doors to empower multinational companies, within a new system of law outside the law with which we govern ourselves, to sue democratically elected Governments for passing laws that protect people.